A few thoughts for Africans in 2021

By NJ Ayuk In 2021 most opportunities in the energy sector and in business in general will go to those who show up and negotiate better deals and get involved in making African resources work for us. Forget handouts, foreign aid and government handouts. As I wrote in the second edition of Billions at Play: The Future […]

LAC boss lauds staff, others for support in tough year

The general manager of the Liberian Agricultural Company (LAC) has commended the workers of the rubber producing entity and all of its stakeholders for “standing by me and assisting me in taking the right decisions at the right time and to ensure minimum disruption of normal life on the plantation“ Vijay Mirah especially praised the […]

2020 is worst year ever for global tourism

International tourism arrivals fell by 72% over the first ten months of 2020, with restrictions on travel, low consumer confidence and a global struggle to contain the COVID-19 virus, all contributing to the worst year on record in the history of tourism. According to the latest tourism data from the World Tourism Organization (UNWTO), destinations welcomed 900 […]

Sweden: Ban on entry from UK and Denmark

The Swedish Government decided on Monday to severely restrict possibilities to travel from the United Kingdom and Denmark to Sweden. The entry ban from the United Kingdom is due to the spread and mutation of COVID-19 that have been reported there. The entry ban from Denmark is mainly to reduce the risk of congestion and […]

Funds to educate children affected by DR Congo crisis

Responding to the intensifying humanitarian crisis in the Democratic Republic of Congo, Education Cannot Wait (ECW) Friday announced US$22.2 million in catalytic investment grants to accelerate the nation’s education in emergency response. The initial program will run for three years, with the goal of leveraging an additional US$45.3 million in co-financing from national and global […]

Africa: $25 million to boost energy production

The African Development Bank’s Board of Directors on Monday approved $15 million from the Sustainable Energy Fund for Africa (SEFA) and $10 million from the Clean Technology Fund (CTF) to advance African Renewable Energy Fund (AREF) II’s projects to boost low-carbon energy generation in sub-Saharan Africa. SEFA’s contribution will comprise a package of $10 million […]

Swedish economy makes stronger recovery

The Swedish economy is showing a stronger recovery than expected during the autumn. The labour market situation has also developed more positively compared with previous assessments. The employment rate is expected to be somewhat higher this year and next year compared with the assessment in the Budget Bill for 2021, while unemployment is expected to […]

Liberia praised for peaceful conduct of elections

Liberia has been praised for holding peaceful elections on December 8. Made in a recent release, the commendation came from the United Nations in Liberia, the Economic Community of West African States (ECOWAS), embassies of member states of the African Union, the European Union (EU) Delegation and embassies of the EU member states (France, Germany, […]

Eight winners of the AWIEF Awards

The 6th edition of the Africa Women Innovation and Entrepreneurship Forum (AWIEF) conference and awards held on December 2 and 3 hosted more than 60 African and global thought leaders across business and politics who shared insight and thought leadership. The virtual conference theme this year was, Reimagining business and rebuilding better. The two-day event aimed to explore […]

Covid-19: Sweden extends business emergency package

The Swedish Government today proposed extending the government credit guarantee program ‘Företagsakuten’ into 2021 so as to cover lending after 31 December. The program is intended to facilitate lending to small and medium-sized companies affected by the pandemic. The Företagsakuten program was launched in spring 2020 as part of the government’s measures to support the […]